Sukanya Samriddhi Withdrawal Calculator — Partial Withdrawal & Maturity Date
Find out when you can withdraw from your daughter's SSY account, calculate the maximum partial withdrawal (50% of balance when she turns 18), check maturity date (21 years from opening), and estimate premature closure payout. SSY rate 8.2% for FY 2025-26. All withdrawals are tax-free under EEE status.
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How to Use This Calculator
When Can I Withdraw? tab
Select your daughter's birth month and year and the SSY account opening month and year. The calculator shows three key dates: when partial withdrawal becomes available (girl turns 18), when contributions end (15 years from opening), and when the account fully matures (21 years from opening). It also shows the marriage closure option and the interest-only period.
Partial Withdrawal Amount tab
Enter your current SSY balance and the girl's current age. The calculator computes the maximum partial withdrawal (50% of preceding FY balance), projects the remaining balance to maturity at 8.2%, and shows the opportunity cost of withdrawing versus keeping the full balance.
Premature Closure tab
Enter your current SSY balance, years completed, and select the reason for closure. For marriage after 18, there is no penalty and the full balance is paid out. For serious illness or guardian death, the interest is recalculated at the Post Office Savings Account rate (4%) instead of 8.2%, and the difference is deducted.
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The Formula
SSY withdrawal rules are defined by the Sukanya Samriddhi Account Scheme 2019. The key formulas are:
Max Withdrawal = 50% × Balanceend of preceding FY
Eligibility:
Partial withdrawal: When girl turns 18 or passes 10th standard (whichever earlier)
Marriage closure: After girl turns 18 (no penalty)
Full maturity: 21 years from account opening date
Contribution period: First 15 years only
Premature Closure Penalty (illness/guardian death):
Revised Interest = Balance recalculated at PO Savings rate (4.0%) instead of SSY rate (8.2%)
Penalty = Interestat 8.2% − Interestat 4.0%
Payout = Current Balance − Penalty
Future Value of Remaining Balance:
FV = Principal × (1 + r)n
Where r = SSY rate (8.2% = 0.082), n = years remaining to maturity
Marriage Closure (after 18):
Payout = Full accumulated balance (no penalty)
The key insight: SSY compounds at 8.2% annually — the highest rate among all government small savings schemes. Every rupee withdrawn loses the compounding benefit for the remaining years. At 8.2%, money roughly doubles every 9 years (Rule of 72).
Example
Priya — Mother in Delhi, opened SSY in January 2018 when daughter was 5
Priya opened an SSY account for her daughter Ananya in January 2018 when Ananya was 5 years old. The current balance is ₹8,00,000. Ananya will turn 18 in 2031. Priya wants to know when she can withdraw for Ananya's college education and how much.
Step 1: Key dates
Step 2: Partial withdrawal for education
Step 3: Impact on maturity value
Priya can withdraw ₹4,00,000 for Ananya's college admission in 2031. The withdrawal is completely tax-free (EEE status). The remaining ₹4L will continue to grow at 8.2% and reach approximately ₹7.51L by maturity in 2039. The cost is ₹3.51L in foregone interest, but Priya considers it worthwhile for her daughter's education.